December 2nd, 2014
Prime Minister David Cameron says that the much heralded ‘Help to Buy’ scheme is a success, as he revealed that over 70,000 people have now benefitted from it.
Government figures released this week s... Read More
November 27th, 2014
Both Barclays and the Lloyds Banking Group have made significant announcements this week of revisions in their mortgage ranges, increasing competition amid the year end ‘mortgage war’.
Both lenders made ... Read More
November 25th, 2014
For any borrower who has raised the question of whether borrowing on an interest only basis was possible over the past 4-5 years, the much heard response that this is no longer an option will sound like old news. Just afte... Read More
November 20th, 2014
The expectation of a base rate rise has gradually become a matter of when, rather than if, in recent times. On the first Thursday of every month the Monetary Policy Committee meet to discuss the matter and it is with baite... Read More
November 19th, 2014
Mortgage lenders are coming under increased pressure from the Financial Conduct Authority and the financial ombudsman to consider applications to port mortgages more fairly.
Since April’s FCA conducted Mortgag... Read More
November 18th, 2014
Contractor Mortgages Made Easy (CMME) are delighted to announce that Metro Bank are the latest bank to join the ranks of contractor-friendly lenders. They become the latest of a clutch of smaller banks and building societi... Read More
November 12th, 2014
The number of remortgage loans continued to fall last month, according to official figures released today by the Council of Mortgage Lenders.
The findings reveal a total of 28,300 remortgage loans were advanced in S... Read More
November 11th, 2014
The property company Savills confirmed last week that expectations for property value growth for 2015 will usher in a period of stagnation for the capital, but it is believed that the rest of the UK will see wholesale incr... Read More
November 5th, 2014
The Bank of England Base Rate has today been held again at 0.5%, as the countdown continues towards a likely increase in early 2015.
The Bank’s Monetary Policy Committee (MPC) has voted to hold the rate again ... Read More
November 4th, 2014
The UK housing market is continuing to lose momentum, according to the latest House Price Index conducted by Nationwide Building Society.
October’s survey shows a reduction in housing price growth from Sep... Read More
